Bitcoin spot ETFs saw a total net outflow of $125 million yesterday, marking 10 consecutive days of net outflows
According to SoSoValue data, as of yesterday (Eastern Time, May 29), Bitcoin spot ETFs recorded a total net outflow of $125 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a net outflow of $68.1994 million. Currently, IBIT's historical total net inflow stands at $63.807 billion.
The next was Fidelity's ETF FBTC, with a single-day net outflow of $31.9473 million. Currently, FBTC's historical total net inflow stands at $10.595 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $94.169 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) reaching 6.38%. The historical cumulative net inflow has reached $55.663 billion.
